South African Airways Presses Ahead With Restructuring
South African Airways (SAA) has cut its liabilities to R2.3 billion ($156 million) and cut 80% of its workforce, following a restructuring process that has lasted over a year. “The primary achievement of the business rescue process was to transition SAA from being an insolvent company to a company...
South African Airways Presses Ahead With Restructuring is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.